Vp- Group Strategy
2 days ago
First Abu Dhabi Bank (FAB) Al Qurm Business Park, Abu Dhabi, United Arab Emirates
- Full-time
- Division: Group Finance
- Sub Division: Strategic Planning
**Group function and role purpose**
The Group Strategy department is responsible for managing the overall formulation, direction and delivery of the Bank’s long term business plans, overseeing group-wide strategic initiatives and managing the strategy execution process and balanced scorecards at the Group and Executive level. The Group Strategy team works with all businesses, functions and geographic areas across the group to inform, guide, create and execute strategic plans for the Group and all its businesses including subsidiaries
- The job holder will be required to lead the development and have accountability for execution of strategic plans across businesses, functions and geographies of FAB.
- The job holder will be required to own and have primary responsibility to execute strategic projects. These projects will be varied in nature and could involve diverse topics such as, inter alia, feasibility studies, business model creation and implementation through to business closures and divestments. These projects must be delivered taking into account the cross-business and function nature of the teams involved, and delivered to demanding time, budget and quality requirements. Obtaining buy-in from senior management is also expected.
- The role holder will be responsible for providing high quality, professional advice and action recommendations and having successful interactions with senior leadership of FAB across all strategy-related areas e.g. market trends, financial indicators, innovation, business model transformation, international expansion and possible investments and alliances for FAB.
- As part of external ‘market focused’ projects, the job holder will analyse, make recommendations and obtain buy in on different markets, business areas, product lines and customer groupings the bank should participate in. The job holder will also be responsible to carry out deep dive on-going analysis on the internal state of the bank (e.g. to summarise financial performance of each area on a monthly basis to inform of strengths and weaknesses in performance or to analyse long term internal / external business trends).
- The job holder will have primary responsibility to develop quarterly market insights presentations analysing key developments e.g. economic updates, banking sector updates, assessment of financial results of peer banks etc. for consolidating insights for the consumption of the leadership team at FAB
**Qualifications**:
**QUALIFICATIONS, EXPERIENCE, SKILLS AND COMPETENCIES**
- Bachelor’s degree in Finance, Accounting, Economics, or any related discipline from a Top Tier University
- Master’s degree, CFA Charter Holder, MBA or Professional Qualification in Finance, Economics, or related discipline from a Top Tier University
- Wide breadth of banking knowledge across businesses (Wholesale / Retail / Treasury) and functions e.g. Risk, Credit, Finance, Operations etc.
- Demonstrated ability to lead and influence strategic decision making with the highest level of management in large organizations
- Minimum of 12 years of experience in banking with at least 5 years in a similar role, or 5 years of experience in senior level strategy consulting at a top tier consulting firm
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